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Many U.S. retailers reported stronger-than-expected August sales on Thursday, but they had to use steep discounts to woo back-to-school shoppers.
Investors are still buying into promises of juiced up returns. The largest hedge fund firms in the Americas kept adding assets in the first half of the year.
The pace of growth in the services sector accelerated to its fastest pace in almost eight years. A separate report showed that new orders for US factory goods dropped in July.
The private sector added 176,000 jobs in August while weekly jobless claims continued their decline, indicative of slow but steady gains.
The jobless rate for older workers is far below the national average. But if an older worker loses a job, the duration that person will stay unemployed is typically much longer.
Labor costs were flat in the second quarter, a sign of minimal inflationary pressures in the U.S. economy.
The number of planned layoffs surged in August to their highest in half a year, with industrial goods manufacturers the hardest hit, a report on Thursday showed.
The two sides were trading blame, rather than blood vials, over hGH. The banned substance is far harder to detect than steroids.
Russia and China warned on Thursday that the end of the U.S. Federal Reserve's bond-buying program could have a profound impact on the global economy and urged caution.
The Friday jobs report is seen by some traders as make or break for the Fed's decision later this month on whether to taper back its $85 billion monthly bond purchases.
The struggling handset maker is now aiming to quickly auction itself off, possibly as soon as November, according to a report.
Finished lot prices are up an average of 40% nationwide, and in the hottest markets they've nearly doubled. USA Today reports.
The Senate foreign-relations committee approved a resolution authorizing the use of military force in Syria, clearing the path for a full Senate vote.
McDonald's says a revamped version of its Dollar Menu that includes items priced at $5 could be launched nationally this year.
The revelation that a second porn star has contracted HIV, the virus that causes AIDS, will likely have little to no impact on the bottom line of major porn studios.
With the Farmers' Almanac predicting snow around the time of New York's first Super Bowl, NFL officials wore brave faces on CNBC a day before the regular season kicks off.
Conditions continued to improve over the past quarter, suggesting that the economy is reaching the point where monetary easing can be pulled back, according to the most recent Fed assessment.
Nearly all automakers on Wednesday reported double-digit sales gains as August shapes up to be another strong month for the industry.
Jobs are getting easier to find. A raise? Not so much. Some economists say wages have flatlined and are unlikely to revive even though the job market is improving.
Forget the mobile wars. The battle of wearable smart devices is finally here. And Samsung and Qualcomm are ahead of the game with the recent launch of their smartwatches.
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